🏢 Company

The People Inc.

💼 Acquirer/Investor
1 story · First covered Jul 20, 2026 · Latest 1d ago
Works at Barry Diller
The People Inc. Coverage
Diller's $48.30 Per Share Bid for MGM. The Board Already Knows It's Low.

Diller's $48.30 Per Share Bid for MGM. The Board Already Knows It's Low.

The People Inc.'s $18 billion offer for MGM values the company at roughly 11% above market, but analysts peg fair value closer to $55-$60 per share. The special committee's real job isn't deciding whether to sell — it's deciding how much more to extract from a buyer who already owns 26.1% and sits on the board.